Event Overview

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“You can stop an invading army but not an idea whose time has come”, said Victor Hugo.
The theme of the World Accounting Summit was “IFRS”, the accounting standards that are fast emerging as the “GLOBAL ACCOUNTING STANDARDS”!

“IIR” would like to thank our esteemed speakers for their contribution at the  World Accounting Summit 2008 which took place in Dubai from 25 – 29 May 2008. Their global expertise and industry insight helped make this high pro le event a truly successful one.

What the keynote speakers said in their opening address to the Summit…

“The year 2007 proved to be an exceptional year of groundbreaking and historic achievements for the International Financial Reporting Standards (“IFRS”), the standards that are fast moving towards attaining the coveted title of the GLOBAL ACCOUNTING STANDARDS. By the year 2011 more than 150 countries around the world are expected to adopt IFRS. Such global acceptance clearly suggests that these standards now qualify to be referred to as the “esperanto of accounting”. The good news is that most countries in the Middle East already follow IFRS and the ones that are only partially IFRS-compliant are expected to move fully towards IFRS very soon”
ABBAS ALI MIRZA,
Partner, Deloitte & Touche (ME),
Chairman, Auditors’ Group, Dubai Chamber of Commerce,
& Chairman, 21st session, ISAR/UNCTAD, United Nations.

“Global financial reporting convergence will not only help in eliminating multiple reporting (i.e. under different national standards) but will also help in global access to capital markets and in reducing cost of capital. The “IFRS” balance sheet will be closer to economic values (due to extensive use of “fair values”). Strategic planning at the implementation level is the key to successful IFRS readiness.”
GAUTAM DOSHI,
Group Managing Director,
Reliance Anil Dhirubhai Ambani Group Ltd., India

The World Accounting Summit 2008 is the place to:

Explore how the global role out of IFRS will affect your business
Share in the latest technical updates including IFRS  3,4,6 and 7 and IAS 24, 36, 38
and 39
Explore the latest developments in the role of the  accountant – how is your role going to change over  the next twelve months?
Develop strategies to enable your accounting team to  face the future with confidence
Challenge accepted wisdom and discover new  and innovative ways to confront your most common  challenges
Analyse the latest developments in IFRS and how  they will affect you
Interpret international best practice and how you can  implement it within your organisation
Share in a multitude of case studies, panel  discussions and lectures from regional and  international thought leaders
Network with the leading accounting professionals  from around the Gulf and develop relationships that  will last a lifetime
Contribute your thoughts and opinions using the unique, live interactive voting technology available throughout the summit

Plus: Four Powerful Additional Workshops
XBRL Masterclass
Measures That Matter – Performance Metrics That Drive Performance
Accounting For Financial Instruments Under IAS 39 And IFRS 7 Within Banks And
  Financial Institutions

Application Of IFRS And IPSAS In The Not-For Profit Sector


About the event

2008 will be an important year for IFRS and accounting standards. The continued adoption of IFRS and associated standards reflects the reality of accounting in the years to come – standardisation is here to stay and those that adapt best will be in the best position to thrive. However, there are still significant issues ahead. How do you face the practical issues of IFRS implementation in transnational business structures? How will the global role out of IFRS affect your organisation’s bottom line? Is the bottom line even a sound measure of organisational performance in the new business environment? These questions and more will be addressed at the World Accounting Summit 2008.

Featuring cutting edge presentations, interactive panel discussions, dynamic break out sessions and highly focused workshops, the World Accounting Summit 2008 will highlight the way forward for the international accounting community. You should be prepared to contribute your thoughts during the various discussions – once again the Summit will feature our unique interactive voting technology to allow you to make your voice heard. Your perspective will be combined with the group consensus and recorded as a permanent record of the Summit outcomes.

The World Accounting Summit 2008 is the must attend for accounting professionals from the Middle East and beyond. You will hear the very latest technical updates, cutting edge case study presentations and powerful debate and discussion. There is no function that is more important to an organisation than its finance team, and no challenge that is more important than the effective application and implementation of IFRS.

World Accounting Summit 2008 features a packed programme of presentations, discussions and facilitated training sessions. You can expect a challenging yet stimulating environment and a suite of networking opportunities that will help you build professional contacts to last through your career.

Previous Attendee Breakdown


         



         

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